Trump announces trade deal with EU following months of negotiations
Investing.com - Outfront Media reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Outfront Media announced earnings per share of $0.23 on revenue of $453.7M. Analysts polled by Investing.com EPS of $0.26 on revenue of $456.5M.
Outfront Media 's are down 12% and is trading at $16.25 , still down 41.93% from its 52 week high of $29.36 set on Tuesday, March 29, 2022.
Outfront Media follows other major Real Estate sector earnings this month
Outfront Media's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar